Taking effect from 1 July 2017, the general concessional contribution cap has dropped to $25,000 for all ages. If you have automatic direct deposits set up or have an amount salary sacrificed on your pay you may need to change this amount to reflect the new cap.

Also taking effect from 1 July 2017 is the lower annual non-concessional contributions cap of $100,000. As a result, the 3-year bring forward cap is now $300,000 per person.